Eastern Europe: Market for Sanitary Ware And Parts Of Iron Or Steel 2024

Market Size for Sanitary Ware And Parts Of Iron Or Steel in Eastern Europe

In 2022, after two years of growth, there was decline in the East European market for sanitary ware and parts of iron or steel, when its value decreased by X% to $X. Overall, consumption, however, showed a pronounced reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Sanitary Ware And Parts Of Iron Or Steel in Eastern Europe

In value terms, iron or steel sanitary ware production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Sanitary Ware And Parts Of Iron Or Steel

Exports in Eastern Europe

In 2022, overseas shipments of sanitary ware and parts of iron or steel decreased by X% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then dropped dramatically in the following year.

In value terms, iron or steel sanitary ware exports fell sharply to $X in 2022. In general, exports, however, posted notable growth. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of export peaked at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Poland was the key exporting country with an export of around X units, which resulted at X% of total exports. Bulgaria (X units) took the second position in the ranking, followed by Lithuania (X units), the Czech Republic (X units) and Belarus (X units). All these countries together held near X% share of total exports. Romania (X units) and Latvia (X units) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, Lithuania (X%), Romania (X%), Latvia (X%), Bulgaria (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. While the share of Lithuania (X p.p.), Bulgaria (X p.p.), Romania (X p.p.) and Latvia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.) and Belarus (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) emerged as the largest iron or steel sanitary ware supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.

In Poland, iron or steel sanitary ware exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Lithuania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price saw a noticeable setback. The growth pace was the most rapid in 2016 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the export price figures.

Imports of Sanitary Ware And Parts Of Iron Or Steel

Imports in Eastern Europe

In 2022, after five years of growth, there was significant decline in overseas purchases of sanitary ware and parts of iron or steel, when their volume decreased by X% to X units. Over the period under review, imports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. The volume of import peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, iron or steel sanitary ware imports declined sharply to $X in 2022. In general, imports, however, posted a temperate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

The purchases of the three major importers of sanitary ware and parts of iron or steel, namely Poland, Russia and Bulgaria, represented more than half of total import. Hungary (X units) took the next position in the ranking, followed by the Czech Republic (X units), Romania (X units), Estonia (X units) and Lithuania (X units). All these countries together took near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iron or steel sanitary ware importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Bulgaria, Estonia, Romania, Lithuania and Hungary lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Estonia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a slight slump. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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